The United States is calling for new duties on some steel products from Mexico and China, saying exporters in those countries received unfair subsidies.
The US Department of Commerce said Monday that exporters of fabricated structural steel in China benefited from subsidies ranging between about 30% and 177%, while those in Mexico received subsidies of up to 74%.
The department said it will instruct US Customs and Border Protection to start collecting cash deposits from importers of the steel products from both countries. It noted that the decision is preliminary, and final determinations will be announced around November 19.
I know this is structural, not tool steel, but this trade war is having real effects on people.
Knifemakers, has the back and forth tariff fight affected your business?
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